Nerac, Inc. Reviews

Updated August 11, 2015
16 reviews filtered by
  • Any Location
  • Any Job Title
  • Full-time
  • Part-time
Employment Status

Reset
2.2
Rating Trends
Recommend to a friend
Approve of CEO
(no image)
Kevin Bouley
14 Ratings

16 Employee Reviews

Sort: Popular Rating Date
  1. Analyst Intern

    Former Employee - Analyst Intern in Storrs, CT
    Former Employee - Analyst Intern in Storrs, CT
    Approves of CEO

    I worked at Nerac, Inc. (Less than a year)

    Pros

    Good People, Variety of interesting projects

    Cons

    Some days can be slow


  2. Some good things to build on

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Neutral Outlook
    Approves of CEO

    I have been working at Nerac, Inc. full-time

    Pros

    Lots of intelligent, industrious and committed people. Strong collaboratory culture. Receptive to new ideas and constructive input.. ESOP ownership structure promotes inclusion and commitment.

    Cons

    Can tend to be a little too slow and plodding in identifying and implementing necessary changes, especially for a company of this size. As a research and advisory company, hard to dispense with an academic aura, however, could certainly benefit from a "fresh" approach.

    Advice to Management

    Continue to innovate and invest in marketing and employee resources


  3. Helpful (1)

    Great company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Tolland, CT
    Former Employee - Anonymous Employee in Tolland, CT
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Nerac, Inc. (More than 8 years)

    Pros

    Nerac has a great culture! Great work/life balance

    Cons

    The commute can be challenging depending on where you live.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    Great place to work!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Tolland, CT
    Current Employee - Anonymous Employee in Tolland, CT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Nerac, Inc. (More than a year)

    Pros

    Flexible hours, allows work from home, casual, open atmosphere, fitness-oriented culture, work with lots of really smart people, forward thinking, innovative start-ups in the building

    Cons

    cutbacks = necessity to work lean and mean and be creative with workload....not necessarily a negative!


  6. Helpful (2)

    Sad Distruction of a Good Business Model

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Research Analyst in New Haven, CT
    Former Employee - Research Analyst in New Haven, CT
    Doesn't Recommend
    Negative Outlook

    I worked at Nerac, Inc. full-time (More than 5 years)

    Pros

    It is hard to say.

    Cons

    After the new owner who claims to be an entrepreneur took over, revenues and corporate clients dropped by >80% and the number of analysts dropped from about 90 down to about 15. These are facts. There seems to be no respect for the expertise of the analyst in there respective fields and little understanding of how they use their expertise to satisfy clients. Sales people are treated badly as well. The CEO reminds me of the Wizard of Oz and and the company reminds me of the story "And then there were none."

    Advice to Management

    Advice is rarely accepted, if at all.


  7. Helpful (3)

    Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Nerac, Inc. full-time

    Pros

    Work from home; lots of client contact

    Cons

    Antiquated business model; poor leadership; declining customer base, always under the threat of layoffs, pay cuts or furloughs

    Advice to Management

    Sell


  8. Helpful (3)

    Unstable

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Lead Project Analyst in Grand Island, NY
    Former Employee - Lead Project Analyst in Grand Island, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Nerac, Inc. (More than 3 years)

    Pros

    Work from home, low pressure

    Cons

    Unstable, RIF's, Salary cuts, Benefit cuts

    Advice to Management

    Exercise leadership


  9. Helpful (4)

    Small company with big dreams

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Department Was Phased Out in Tolland, CT
    Former Employee - Department Was Phased Out in Tolland, CT
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I worked at Nerac, Inc. full-time (More than 5 years)

    Pros

    (Worked here before 2008 bubble burst) Good benefits ESOP Flexible hours Everyone knows your name Great coworkers who will become lifelong friends Clean building

    Cons

    Limited opportunities for advancement Employee favoritism from upper management Upper management consistently flaunted new cars and built themselves mansions, but cut employee bonuses State of the State, Hawaiian shirt Fridays and antiquated software gave it an "Office Space" feeling

    Advice to Management

    Consider taking some classes on dealing with employees, Kevin and Betsy are deadpan and unapproachable if they don't like you. I was one of those people and it felt crappy to work under needless pretentiousness. Pick an identity and stick with it. The current, and very dated, logo and slogan is confusing and lackluster. You have a fabululous, high-end research staff and should be advertising their top notch services in a professional, high end manor.


  10. Helpful (2)

    Management is Really, Really Important

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Nerac, Inc. full-time (More than a year)

    Pros

    Good people. Interesting clients. Rich history

    Cons

    Everything else. A total lack of training, upward mobility, performance reviews, and the ability to think forward.

    Advice to Management

    Sad but true: the CEO should never have been a CEO. He hasn't ever worked for another company, and is strictly a numbers person who is very uncomfortable with conflict and has the inability to think long-term and stick with a plan. These traits do not sink a company. They do, however, if those traits below to your long-standing CEO who is unwilling to bring in experienced people under him who have the opportunity to be upfront and honest. Much of their failures - they're losing millions of dollars per year - is self-inflicted. All signs point to a complete lack of self-awareness. The upper management are VERY nice people, but two have no experience outside of Nerac and should not be upper management at a company. Someone else mentioned a "senseless tragedy." If we are willing to use that word when applied to a business, then yes.


  11. Helpful (2)

    A MBA case study in mismanagement

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Nerac, Inc. full-time (More than 3 years)

    Pros

    Work from home and flexible hours

    Cons

    Constantly changing direction. Inability of all levels of management to take responsibility. The great business "visionary" is myopically near sighted......

    Advice to Management

    Get some real managers in place and let them run it. Stop the cronyism and seek advice from people who have actually succeeded instead of managing the decline.



Showing 16 of 16 reviews
Reset Filters
RSS Feed </> Embed

Your response will be removed from the review – this cannot be undone.